Exceptional Development Opportunity in heart of Stephenville! Located just one mile from Tarleton State University, this centrally located lot offers an outstanding opportunity for developers and investors. Zoned B-3 Central Business, it supports a broad range of development options, making it a flexible canvas for your next project. Whether you're envisioning residential properties, small businesses, or a dynamic mixed-use development, this property is brimming with potential. With 50 feet of frontage and 100 feet of depth, the lot currently includes a 2-bedroom, 1-bath home with central air and heat (3-ton system installed in 2021), offering immediate possibilities for creative reuse.The seller is also offering the adjacent lot at 231 E Crow, opening the possibility to replat both lots into a larger, more versatile parcel that accommodates even more ambitious development concepts. For those seeking inspiration, the seller has plans for a shop and office space, which can be made available upon request. This is a rare chance to capitalize on a location that combines accessibility, flexibility, and potential.The property enjoys easy access to the city’s vibrant downtown and Tarleton State campus, ensuring high visibility and demand. Whether you’re planning for commercial ventures, residential spaces, or something entirely unique, this location is primed for success.